2018-12-18 10:38:00 Tue ET
treasury deficit debt employment inflation interest rate macrofinance fiscal stimulus economic growth fiscal budget public finance treasury bond treasury yield sovereign debt sovereign wealth fund tax cuts government expenditures
President Trump threatens to shut down the U.S. government in 2019 if Democrats refuse to help approve $5 billion public finance for the southern border wall. Trump hardens his demands for border wall finance when he discusses the topic with the top Senate and House Democratic whip leaders Nancy Pelosi and Chuck Schumer in an Oval Office confrontation after the mid-term elections. The open confrontation devolves into acrimony in light of the gulf between Trump and Democrats over U.S. public finance legislation as the president puts a possible compromise further out of reach.
President Trump confronts both Democratic congressional reps to emphasize his clear position that he would be proud to shut down the U.S. government for border security. However, the border security tax would inexorably exacerbate the current U.S. fiscal deficit and debt dilemma in addition to the $1.5 trillion tax cuts and $1 trillion infrastructure expenditures with $779 billion fiscal deficits as of August 2018.
President Trump deliberately transforms an initially-proposed private negotiation with Democratic congressional leaders into an open and bitter altercation over his signature presidential campaign promise of the southern border wall. When push comes to shove, compromise may be a better solution to bitter border wall disputes.
Clarification
As of Wednesday 19 December 2018, one of our Facebook friends, James Ross, provides the ingenious insight that the border wall can improve the U.S. domestic quality of health care, education, as well as public services for non-U.S. citizens. In this alternative light, the border wall tax of $5 billion becomes essential for overall domestic welfare in America. At any rate, we endeavor to cover both sides of the story as much as we can. Our blog viewers, readers, and fans etc can provide their constructive feedback to contribute to better content curation on our AYA fintech network platform.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-01-17 10:41:00 Thursday ET
Sino-American trade talks make positive progress over 3 consecutive days as S&P 500 and global stock market indices post 3-day win streaks. Asian and Eu
2023-10-28 12:29:00 Saturday ET
Paul Morland suggests that demographic changes lead to modern economic growth in the current world. Paul Morland (2019) The human tide: how
2024-02-05 11:26:00 Monday ET
China poses new economic, technological, and military threats to the U.S. and many western allies. In the U.S. government assessment, China poses new eco
2019-08-09 18:35:00 Friday ET
Nobel Laureate Joseph Stiglitz maintains that globalization only works for a few elite groups; whereas, the government should now reassert itself in terms o
2019-01-03 10:38:00 Thursday ET
American parents often worry about money and upward mobility for their children. A recent New York Times survey suggests that nowadays American parents spen
2019-05-13 12:38:00 Monday ET
Brent crude oil prices spike to $70-$75 per barrel after the Trump administration stops waiving economic sanctions on Iranian oil exports. U.S. State Secret